Corporate | 9 December 2014 19:08
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SINGULUS TECHNOLOGIES AG / Key word(s): Bond
Press Release SINGULUS TECHNOLOGIES Extends Buy-Back Program for Corporate Bond until June 30, 2015 Kahl am Main, December 09, 2014 – With approval of the Supervisory Board, today the Executive Board of the SINGULUS TECHNOLOGIES AG (SINGULUS TECHNOLOGIES) resolved the renewed extension of the buy-back program, which was initiated at December 11, 2012, again until June 30, 2015 for the bonds issued on March 23, 2012 (WKN: A1MASJ, ISIN: DE000A1MASJ4). The total volume will be increased by up to EUR 7.0 million (nominal). The other conditions of the program remain unchanged. The term of the buy-back program was extended already a few times. The very last term was extended until December 31, 2014 per resolution as of June 23, 2014. Dr.-Ing. Stefan Rinck, Chief Executive Officer of the SINGULUS TECHNOLOGIES AG, comments: “In light of the current situation of the company and the bond valuation, the Executive Board considers it expedient to extend the buyback program. We reserve the right to resell the acquired corporate bonds again.” Up to date, in the course of the current buyback program a bond volume of around EUR 4 million was purchase.
Profile SINGULUS TECHNOLOGIES:
SINGULUS TECHNOLOGIES addresses new products and is working on new process solutions. For all processes and applications SINGULUS TECHNOLOGIES takes advantage of its know-how in the areas of automation and process technology in order to open attractive working areas with new innovative products apart from Solar, Semiconductor and Optical Disc. SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103, D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890
Contact:
Contact: SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103, D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890 Contact: Maren Schuster, Investor Relations, Tel.: + 49 (0) 6188 440 612, Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 6181 98280 20 / +49 (0) 170 9202924 09.12.2014 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
| Language: | English | |
| Company: | SINGULUS TECHNOLOGIES AG | |
| Hanauer Landstrasse 103 | ||
| 63796 Kahl am Main | ||
| Germany | ||
| Phone: | +49 (0)1709202924 | |
| Fax: | +49 (0)6188 440-110 | |
| E-mail: | bernhard.krause@singulus.de | |
| Internet: | www.singulus.de | |
| ISIN: | DE0007238909, DE000A1MASJ4 | |
| WKN: | 723890, A1MASJ | |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart | |
| End of News | DGAP News-Service |
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| 304009 09.12.2014 |